August 22, 2017 1:06 PM ET

Capital Markets

Company Overview of Western Asset Corporate Loan Fund Inc.

Company Overview

Western Asset Corporate Loan Fund Inc. is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management. The fund invests in the public fixed income markets across the globe. It invests in securities of companies operating across diversified sectors. The fund invests primarily in floating or variable rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries with an average credit quality of B1 by Moodys. It benchmarks the performance of its portfolio against the Barclays U.S. Aggregate Index. The fund was formerly known as LMP Corporate Loan Fu...

620 Eighth Avenue

49th Floor

New York, NY 10018

United States

Founded in 1998

Key Executives for Western Asset Corporate Loan Fund Inc.

Chairman, Chief Executive Officer and President
Age: 59
Principal Financial Officer
Age: 47
Treasurer
Age: 50
Chief Legal Officer and Secretary
Age: 63
Identity Theft Prevention Officer
Age: 38
Compensation as of Fiscal Year 2017.

Western Asset Corporate Loan Fund Inc. Key Developments

Western Asset Corporate Loan Fund Inc. Declares Dividend for the Months of September, October and November 2017, Payable October 2, 2017, November 1, 2017, and December 1, 2017 Respectively

Western Asset Corporate Loan Fund Inc. declared dividend of $0.06000 for the months of September, October and November 2017, payable on October 2, 2017, November 1, 2017, and December 1, 2017 to the shareholders record on September 22, 2017, October 20, 2017 and November 24, 2017 with the ex-dividend date of September 21, 2017, October 19, 2017 and November 22, 2017 respectively.

Western Asset Corporate Loan Fund Inc. Reports Unaudited Earnings Results for the Quarter Ended June 30, 2017

Western Asset Corporate Loan Fund Inc. reported unaudited earnings results for the quarter ended June 30, 2017. For the quarter, the fund reported total net investment income of $1,709,594 or $0.17 per share against $1,793,347 or $0.18 per share a year ago. Total net realized/unrealized loss was $2,152,437 or $0.22 per share against total net realized/unrealized gain of $4,552,584 or $0.46 per share a year ago. Net decrease in net assets from operations was $442,843 or $0.05 per share against net increase in net assets from operations of $6,345,931 or $0.64 per share a year ago. NAV per share of common stock was $11.47 as of June 30, 2017 against $11.22 as of June 30, 2016.

Western Asset Corporate Loan Fund Inc. Announces Dividend for the Months of June, July and August 2017, Payable on July 03, 2017, August 01, 2017, and September 1, 2017 Respectively

Western Asset Corporate Loan Fund Inc. announced dividend of $0.6750 for the monthsof June, July and August 2017, payable on July 03, 2017, August 01, 2017, and September 1, 2017 to the share holders record on June 23, 2017, July 21, 2017 and August 25, 2017 with the ex-dividend date of June 21, 2017, July 19, 2017 and August 23, 2017 respectively.

Similar Private Companies By Industry

Company Name Region
@Visory LLC United States
1 Road Partners LLC United States
11T Partners, LLC United States
123Jump.com, Inc. United States
1509225 Ontario, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States
Bertelsmann AG Europe
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Western Asset Corporate Loan Fund Inc., please visit individualinvestor.myleggmason.com/portal/server.pt?open=512&objID=1434&cached=true&mode=2&userID=35. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.